The denim industry is booming, so why is Levi’s lagging?
2024 is the year of denim. Fashion retailers are selling boat loads of the material, but with demand so high, why isn’t denim pioneer Levi’s at the helm? And with a steep drop in their stock, where did it all go wrong for the denim giant? Plus: Macy’s squashes a buyout and Blackrock’s assets reach $10.65T.
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The denim industry is booming, so why is Levi’s lagging?